The power supply situation in India has seen a significant improvement in the past two to three years. According to reports, in the year 2011, more than 33 per cent of the rural population and 6 per cent of the country's urban population had lacked electricity.

Tata Power announced that the company’s renewable portfolio in India has registered a healthy consolidated PAT of Rs 142.18 crore in Q1FY18, an 329 per cent increase from Q1FY17. The renewable business capacity of Tata Power crossed 2000 MW and non-fossil fuel portfolio stood at 3144 MW, an 92 per cent increase from the corresponding quarter last year.

In the last year, FY2016-17, the country's solar energy capacity expanded by a record 5,525.98 MW. According to reports released by MNRE, India added 3,010 MW in the previous year, thus translating to an almost doubling of growth in the past year.

FICCI led a high-level business delegation accompanying Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, GoI to Vienna and London, aiming not only to see stronger business ties but also to express what could beckon Austria and UK to India.

The Uttar Pradesh government is planning to revise the state’s solar power policy to align it with the policies of other states. Minister of Additional Sources of Energy Brajesh Pathak said, “The UPNEDA has been acting as a project execution functionary till now. We are looking to increase the ambit of the agency and seek budgetary allocation to operate standalone.”

In the past five years, coal power made up over two-thirds of capacity additions in India's generation, and currently accounts for more than 60 per cent of India's power capacity. According to the International Energy Agency (IEA), India's coal demand will see the biggest growth over the next five years, despite a global slowdown.

Skipper Limited, has announced new orders worth approximately Rs 405 crore in its Engineering Products segment. The company shared the news of securing fresh new orders worth approximately Rs 405 crore for domestic transmission tower supply from Power Grid Corporation Of India Ltd (PGCIL), Transmission Corporation of Telangana Limited (TSTRANSCO) and Power Transmission Corporation of Uttarakhand Limited (PTCUL).

The stagnant state of industrial output has resulted in lower demand for electricity. From the inactive state, when the economy starts picking up, it is expected that there would be a demand surge in the long term.

To meet the growing power demand in India, resource generation capacities are being enhanced continuously and while coal based thermal power plants are still the main sources of generating electricity, wind and solar generating capacity have increased many folds over the past few years.